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Capitalheight Stock Market Advice|Share Trading Tips|Market Analysis

Author: Ishita Sharma
by Ishita Sharma
Posted: Jun 19, 2018

Mahindra & Mahindra's premium sports utility vehicle XUV 500 has maintained a lead over its latest rival Jeep Compass, led by deeper reach and strong affinity for the brand, as competition in India’s premium sports utility vehicle gathers pace. In what is a growing segment, Fiat Chrysler Automobile on Monday launched the Bedrock edition to keep premium SUV buyers excited. The entry of Jeep Compass last year had compelled M&M and Tata MotorsNSE 1.93 % to enter into a tactical marketing battle with their own models.In fact the segment leader XUV did see the sales almost halving for several months before bouncing back.Almost 10 months into Compass’ rollout in July 2017, Fiat Chrysler Automobile (FCA) has sold about 22,784 units of the Compass SUV.For More Info Click here: Capitalheight.

Adani Wilmar looks set to emerge victorious in the bidding for Ruchi as Ramdevpromoted Patanjali Ayurved has decided not to improve upon its offer for the bankrupt company, said two senior officials who did not want to be named. Adani Wilmar, a JV between the infrastructure conglomerates founded by Gautam Adani and Singapore’s Wilmar, had emerged the highest bidder with an offer of Rs 5,474 crore, which includes Rs 4,300 crore as payment to lenders. Patanjali had offered Rs 5,765 crore, of which Rs 4,065 crore was for payment to lenders.

If you often commute by train over the weekend, then your travel may get cumbersome. The railways has decided to undertake major maintenance works across all its zones on Sundays. However, if a train gets delayed during meal times, passengers with reserved tickets will get free food and water, Railway Minister Piyush Goyal said today. The maintenance drive would be launched once the Indian Railways reworked its time-table by August 15 and identified the trains which could be affected due to it.For Expert Advice Click : Capitalheight.

Last few months have not been great for this traders’ favorite counter after enjoying a relentless bull run throughout the calendar year 2017. Recently, stock prices consolidated within the boundaries of a ‘Falling Wedge’ pattern.Further, the weekly RSI is placed at 58 which suggests a buying regime at a current level along with positive cues from MACD suggesting an upward shift. The Delta corp buy recommended around 245 -247 target is 260 -270 in next 1-2 trading days and maintain stop below 228.

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Author: Ishita Sharma

Ishita Sharma

Member since: Apr 24, 2018
Published articles: 14

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